Something needs to be done here. A tidal wave of money is consuming everything in its path:
Gentrification
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Year: 2018
A State-Load of Haters
This guy popped off at the DOJ hearing a couple of weeks ago, and the story has kept making the rounds: So you think things don’t get rough in real estate and feathers don’t fly when agents’ commission money is at stake? Ha. Listen to what Joshua Hunt, founder and CEO...
Aging Boomers = Fewer Moves
It looks like the low-inventory era will be here for a while.... The statistics about the waves of baby boomers turning 65 each day are old news to anyone who works in a senior-focused industry. But a new report from Harvard University adds a new twist to measuring...
Paul McCartney
A fantastic video of Paul taking a tour of Liverpool with James - H/T daytrip:
Dana Point Oceanfront
This is the standard for high-quality real estate films these days - just enough to make you want to see more, without over-doing it. List price is $12,495,000:
Listing Agent’s Fiduciary Duty
In hopes of finding some legal clarity on the listing agents who practice the Coming Soons and Sold Before Processings, I came across this example at the DRE website - we see these happen regularly: The requirements of law governing the relationship between agent and...
Boomers Moving Out
This story is about the same as Carlsbad folks moving to San Jacinto, where you can buy brand-new houses in the $300,000s. But boomers want to stay within range of their kids and grandkids, so any boomer-flight could be muted. [button...
Led Zeppelin 1969
The Beatles were wrapping up, and rock and roll was looking for direction. In steps a long-haired dude wearing sandals, a guitar god who plays with a violin bow, and a maniac on drums:
Market Observations
"If the 30-year, fixed-rate mortgage rate increases to 5%, which most economists agree is likely by the end of 2018 or early 2019, the impact on the market potential would be a modest decline to 6.10 million existing-home sales, according to the model," wrote Mark...
Stinky Divorce
Divorces can be messy - you could say this one is gross! Thanks daytrip! The bitter divorce battle between billionaire bond king Bill Gross and his ex-wife is beginning to stink — like vomit, flatulence and dead fish. The California moneyman, who lost his beloved...
